Winner of Best Business Banking Provider (British Bank Awards 2018) awarded by Smart Money People

Santander - Business Current Account - Start-up offer

Maximum Interest (AER)

0.10%

Free Banking Duration

Up to 12 months

Account Fee

£7.50 per month thereafter

Overdraft Facility

If your business is in its first year of trading and this is its first business current account with Santander, you'll get 12 months free business banking. After this free business banking period, you'll move to a £7.50 per month tariff.

Awarded Best Business Current Account Provider for the last 16 years by Moneyfacts, the Start-up offer on our Business Current Account is for small-to-medium sized businesses with up to two directors, owners (shareholders) or partners, trading less than 12 months and opening their first Santander business current account.

Santander - 1|2|3 Business Current Account - Start-up offer

Maximum Interest (AER)

0.10%

Free Banking Duration

None

Account Fee

£5.00

Overdraft Facility

Pay a reduced fee for your day-to-day banking for the first 12 months, which includes all of your standard day-to-day banking, free and unlimited Santander ATM deposits and £1,000 of cash deposits and Santander branch and Post Office counters

Up to £300 annual cashback on your first £10,000 of annual credit turnover

Become part of the 1|2|3 Business World, giving you access to preferential rates and offers

Award-winning comparisons you can trust

It's always nice to know you're on the right track. Over the years, as we have striven to improve the services we provide to our clients and users, we have been pleased to receive recognition for our efforts from both industry and consumer bodies.

Revolut Business Account FAQ

Who is Revolut?

Established in 2015, Revolut is a provider of banking services to businesses and individuals internationally.

What services and products does Revolut offer?

Revolut offers services to both businesses and individual consumers with features that include online account management, cryptocurrency exchange, global money transfer and mobile phone and travel insurance packages.

What are business accounts from Revolut?

A business account from Revolut is an account that gives businesses access to banking services and a range of digital features to support payments, withdrawals, and other aspects of finance management.

Who can apply for Revolut business accounts?

Revolut serves a range of companies with a physical presence in the UK and Europe.

What are the eligibility criteria for a Revolut business account?

Revolut supports limited liability companies, limited partnerships, limited liability partnerships and sole traders and freelancers. Minimum turnover criteria may apply to your business so you will need to double check certain criteria directly with Revolut when making an application.

What can I use a Revolut business account for?

Businesses can use Revolut business banking accounts for a range of different business-related purposes. This can include transferring funds for stock and equipment purchase, paying salaries, keeping track of expenditure and paying bills. Business accounts usually carry charges for certain transactions so make sure you familiarise yourself with these.

How do I apply for a Revolut business current account?

To apply for a Revolut business banking current account, use the comparison bars above to navigate to the company’s website. You can then click on the ‘Get Started’ button. You will then be directed to an information request sheet where you will need to submit some details about your business before Revolut gets back in touch with you regarding the next steps of your application.

How does a business current account with Revolut work?

Revolut business banking current accounts give businesses access to online banking facilities. Functioning like a prepaid card account, funds can be transferred to your card to allow you to access funds and pay for products and services. You will also have the option to manage your accounts online and make use of various online features such as international money transfers.

How can money be loaded onto a Revolut business current account?

Money can be loaded onto a Revolut business banking current account through an online bank transfer.

How can I withdraw cash from my Revolut Business current account?

You can withdraw cash from approved cash machines (ATMs) using your card and PIN. Be aware that daily cash withdrawal limits may apply to your account. The details of these will be dependent on your arrangement with Revolut.

Where is my money stored with a Revolut business account?

Funds deposited in a Revolut business banking account are stored in a segregated account at a partner bank.